Overview
What is Sioux Valley Southwestern Electric Cooperative Inc?
Sioux Valley Southwestern Electric Cooperative Inc is a rural electric cooperative based in South Dakota, specifically in Colman with the PO Box address 216. They provide electricity to approximately 23,000 member-owners, distributing around 897,000 megawatt hours of electricity annually. The cooperative's primary mission is to ensure that members have access to reliable electricity utility services. Sioux Valley Energy, their Doing Business As name, is dedicated to serving their members and is staffed by a team of 115 employees.
Official website here: www.siouxvalleyenergy.com
Is Sioux Valley Southwestern Electric Cooperative Inc legitimate?
Sioux Valley Southwestern Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sioux Valley Southwestern Electric Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $870,608
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.siouxvalleyenergy.com
What is the mission statement of Sioux Valley Southwestern Electric Cooperative Inc?
Sioux Valley Southwestern Electric Cooperative Inc is dedicated to providing electricity utility to its cooperative members. The mission of Sioux Valley Energy is clearly stated as "Serving our members, always." Their primary goal is to deliver electrical power to the community they serve. The cooperative is responsible for supplying 897,000 megawatt hours of electricity to over 23,000 member-owners. Their commitment to their members underscores their role as a reliable electricity provider.
Official website here: www.siouxvalleyenergy.com
Who is the CEO of Sioux Valley Southwestern Electric Cooperative Inc?
Gary Fish is the President of Sioux Valley Southwestern Electric Cooperative Inc. The CEO's salary of Sioux Valley Southwestern Electric Cooperative Inc is $316,334 and their total compensation is $468,896.
Official website here: www.siouxvalleyenergy.com
What is the revenue of Sioux Valley Southwestern Electric Cooperative Inc?
Sioux Valley Southwestern Electric Cooperative Inc's revenue in 2022 was $99,757,961.
Official website here: www.siouxvalleyenergy.com
Who are the executives of Sioux Valley Southwestern Electric Cooperative Inc and what are their salaries?
The average compensation at Sioux Valley Southwestern Electric Cooperative Inc during 2022 was $7,571. There are 115 employees at Sioux Valley Southwestern Electric Cooperative Inc.
Here are 18 key members and their salaries (Sioux Valley Southwestern Electric Cooperative Inc's CEO's salary is $316,334 and their total compensation is $468,896):
- Compensation: $17,628
- Related: $0
- Other: $0
- Compensation: $11,769
- Related: $0
- Other: $3,050
- Compensation: $21,398
- Related: $0
- Other: $0
- Compensation: $17,378
- Related: $0
- Other: $0
- Compensation: $11,131
- Related: $0
- Other: $3,600
- Compensation: $13,942
- Related: $0
- Other: $0
- Compensation: $21,430
- Related: $0
- Other: $0
- Compensation: $20,099
- Related: $0
- Other: $0
- Compensation: $18,238
- Related: $0
- Other: $0
- Compensation: $13,302
- Related: $0
- Other: $0
- Compensation: $19,319
- Related: $0
- Other: $0
- Compensation: $316,334
- Related: $0
- Other: $152,562
- Compensation: $161,665
- Related: $0
- Other: $47,763
- Compensation: $173,462
- Related: $0
- Other: $57,541
- Compensation: $182,916
- Related: $0
- Other: $117,453
- Compensation: $188,032
- Related: $0
- Other: $89,224
- Compensation: $138,616
- Related: $0
- Other: $108,690
- Compensation: $139,329
- Related: $0
- Other: $84,748
Official website here: www.siouxvalleyenergy.com
Where can I find the form 990 for Sioux Valley Southwestern Electric Cooperative Inc?
Sioux Valley Southwestern Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.siouxvalleyenergy.com
Learn more at the official website: www.siouxvalleyenergy.com
Mission Statement of Sioux Valley Southwestern Electric Cooperative Inc
Sioux Valley Southwestern Electric Cooperative Inc, also known as Sioux Valley Energy, is a rural electric cooperative dedicated to providing electricity utility to its member-owners. With a mission to serve, the cooperative prioritizes the needs of its community. In their own words, "Sioux Valley Energy's mission is 'Serving Our Members, Always'."
Sioux Valley Energy plays a vital role in delivering electricity to 23,322 individuals and families, supplying them with a total of 897,000 megawatt hours. This significant amount of energy ensures that the daily lives of the cooperative's members run smoothly, powering their homes and essential appliances. The cooperative's commitment to its members extends beyond the provision of electricity, as it strives to put their needs first in all aspects of its operations.
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Impact
October, 2024
Sioux Valley Southwestern Electric Cooperative Inc plays a crucial role in delivering reliable electricity to its members, ensuring that energy needs are met in rural areas. By providing approximately 897,000 megawatt-hours of electricity to 23,322 member owners, it fosters community development and supports local economies. The cooperative's mission, "Serving Our Members, Always," highlights its commitment to customer-focused service, enhancing quality of life and promoting energy accessibility.
The cooperative's efforts contribute to the public benefit by making electricity available in underserved rural regions, which can help stimulate business growth, improve infrastructure, and enhance overall community well-being. This accessibility to electricity is essential for modern conveniences, agricultural operations, and local businesses, ultimately leading to a more sustainable and prosperous environment for its members in Colman, South Dakota, and surrounding areas.
This information is meant to be a general summary of Sioux Valley Southwestern Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $147,097
- Program Service Revenue: $92,637,236
- Gross Receipts: $101,187,662
Assets and Liabilities:
- Total Assets: $326,903,398
- Total Liabilities: $218,864,536
- Net Assets: $108,038,862
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF POWER
Revenue
$92,637,236
Organization Details
Founding Year
1939
Phone
(605) 534-3535Principal Officer
Gary Fish
Main Address
PO BOX 216, COLMAN, SD, 570170216
Website
www.siouxvalleyenergy.comNTEE Category
Code: W80 - Public benefit
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